IBM Sells Point-Of-Sale Business To Toshiba 120
ErichTheRed writes "Yet another move by IBM out of end-user hardware, Toshiba will be buying IBM's retail point-of-sale systems business for $850M. Is it really a good idea for a company defined by good (and in this case, high-margin) hardware to sell it off in favor of nebulous consulting stuff? 'Like IBM's spin-offs of its PC, high-end printer, and disk drive manufacturing businesses to Lenovo, Ricoh, and Hitachi respectively in the past decade, IBM is not just selling off the RSS division but creating a holding company where it will have a stake initially but which it will eventually sell.' Is there really no money in hardware anymore? "
Who knew (Score:3, Funny)
Re:Who knew (Score:5, Funny)
I'm sure some Slashdotters, particularly those of overly-zealous Apple or Microsoft bend, thought all IBM divisions were POS divisions...
Re:Who knew (Score:4, Funny)
Yeah, a ghost that just today announced first quarter profits of $3B on revenue of $25B.
Let me guess, the IT circles you move in consists of that really cool server with a glowing case you built in Mom's basement?